Tag: deposits

Capital and Risk, Trading

U.S regional bank shares rise on interest income, deposits stabilizing

July 19, 2023

Via: Yahoo

Major U.S regional banks said their deposits mostly stabilized and net interest income rose after the first-quarter collapse of Silicon Valley Bank sparked industry turmoil, sending their shares soaring on Wednesday. Three major U.S. regional banks met or beat profit […]


Wells Fargo ordered to pay USAA $200m for infringed payments patents

November 11, 2019

Via: Banking Technology

The patents, which focused on making cheque deposits made with mobile devices simpler, were the subject of a 2018 patent infringement lawsuit filed by USAA targeting Wells Fargo’s mobile deposit solution. The process allows bank customers to use their mobile […]

Capital and Risk, Credit

A Danish bank is offering mortgages with negative interest rates — why you shouldn’t wish for that to happen in the U.S.

August 12, 2019

Via: Market Watch

It’s safe to say that mortgage rates have never been lower in Denmark. In fact, they’re now negative. Denmark’s Jyske Bank JYSKY, -20.24%, is now offering a 10-year fixed-rate mortgage at negative 0.5%. Additionally, Finland-based Nordea Bank announced Wednesday that […]

Capital and Risk, Liquidity

This Bank Is Winning the Competition for Deposits

March 15, 2019

Via: Bank Director

From the perspective of a community or regional bank, one of the most ominious trends in the industry right now is the organic deposit growth at the nation’s biggest banks. This trend has gotten a lot of attention in recent […]

Activity, Trading

JPMorgan CEO’s ‘Golden Age of Banking’ Is Proving Short-Lived

December 11, 2018

Via: TheStreet

JPMorgan Chase & Co. (JPM) CEO Jamie Dimon’s golden age of banking looks more like a blip. U.S. bank stocks that were supposed to benefit from rising interest rates — and fatter lending profits — are instead getting hammered by […]